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Featured local agent — Pearl River, NY
Sarah Mitchell
Compass Real Estate · Pearl River, NY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Pearl River, NY Housing Market & Real Estate
Housing market overview · Updated monthly ·
$650,000median sale price
How is the Pearl River, NY housing market right now?
The median home sale price in Pearl River, NY is $650,000, down 4.3% year-over-year. Homes sell in an average of 28 days with 26 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Pearl River a buyer's or seller's market?
Pearl River, NY is currently a strong seller's market, based on 2.4 months of supply and homes selling in about 28 days. How we determine this →
Homes sold
11
Last 12 weeks
Days on market
28
Average pace
Active listings
26
2.4 months supply
Sale-to-list
103.2%
Above asking
What does the Pearl River housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $650,000 |
| Median list price | $719,085 |
| Year-over-year price change | -4.3% |
| Average days on market | 28 days |
| Active inventory | 26 listings |
| Months of supply | 2.4 months |
| Sale-to-list price ratio | 103.2% |
| Median price per sq ft | $423/sq ft |
| Homes sold (latest month) | 11 |
| New listings (latest month) | 18 |
| Listings with a price cut | 23.1% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Pearl River by property type?
How the Pearl River, NY market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $687,500 | $416/sq ft | 8 | 37 days |
| Condo / Co-op | $416,000 | $430/sq ft | 3 | 20 days |
Source: Redfin · Updated monthly
The Pearl River housing market is currently classified as a strong seller's market with a median sale price of $650,000. Prices have fallen 4.3% compared to last year, with homes spending an average of 28 days on market, indicating 2.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.0x provides context for how home values compare to local earning capacity.
Homes for sale in Pearl River
There are currently 26 homes listed for sale in Pearl River, New York. The median listing price is $719K.
Active listings
26
Homes on market
Median list price
$719K
Avg. days on market
28
Days until sale
New this week
18
Newly listed
Who lives in Pearl River?
Population
16,282
Median income
$146,574/yr
Median age
40.1 years
Owner-occupied
76.7%
College grads
49.3%
Avg commute
29.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Pearl River?
Zillow home value
$727,535
Zillow rent index
$3,050/mo
Price-to-rent ratio
19.9x
Price-to-income
5.0x
Source: Zillow Research
What is it like to live in Pearl River?
Pearl River is a community of approximately 16K residents with a median age of 40.1 years.The median household income is $146,574, which reflects a relatively affluent area with strong earning potential. 49.3% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 76.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 29.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Pearl River offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Pearl River?
5 schools tracked · 2,199 students
The largest public schools serving Pearl River, NY by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
PEARL RIVER HIGH SCHOOL
Grades 8-12 · 926 students
PEARL RIVER MIDDLE SCHOOL
Grades 5-7 · 502 students
EVANS PARK SCHOOL
Grades K-4 · 316 students
FRANKLIN AVENUE SCHOOL
Grades K-4 · 264 students
LINCOLN AVENUE SCHOOL
Grades K-4 · 191 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Pearl River, NY?
Want a head-to-head view? Compare Pearl River side-by-side with any other U.S. city using our market-comparison tool.
Is Pearl River a good real estate investment market?
For investors evaluating Pearl River, the price-to-rent ratio of 19.9x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 4.3% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Pearl River's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Pearl River's median home price.
Frequently asked questions
What is the average home price in Pearl River?
The median home sale price in Pearl River is $650,000, down 4.3% from last year.
How long do homes stay on market in Pearl River?
Homes typically spend 28 days on market before going under contract.
What is the median income in Pearl River?
The median household income is $146,574 per year.
Is Pearl River a buyer's or seller's market?
With 2.4 months of supply, Pearl River is currently a strong seller's market.
What is the Zillow home value estimate for Pearl River?
The Zillow Home Value Index (ZHVI) for Pearl River is $727,535, representing the typical home value in the area.
What is the median condo price in Pearl River?
The median condo/co-op sale price in Pearl River, NY is $416,000, compared to $687,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Pearl River?
The median single-family home price in Pearl River, NY is $687,500 (about $416 per square foot).
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